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Topic: [ANN][Blocknet] truly decentralized exchange | token ecosystem infrastructure - page 282. (Read 1103293 times)

sr. member
Activity: 335
Merit: 250
wasn't leewilson banned from this thread??


i'm pretty sure he was
sr. member
Activity: 434
Merit: 250
I don't foresee any problem with buybacks bringing the invested BTC below the go-ahead threshold.

It should be fairly simple to create another mini-ITO using BTC at potentially a slightly discounted price on CoinGateway (since presumably they're still set up for it), to make up the shortfall.

Or revise the go-ahead threshold downward.

Or make up the shortfall in a private deal with a single angel investor.

My point is, there are several ways to ensure the continuation of the project while still honouring its initial rules.

I was thinking the same.I don't see the point to stop this project,while there are several of us who wants this to succeed.There is always a way to make it happen.

In other words, both of you believe the continuation of changing the rules set by the coin itself until it works is a perfectly fine business model.
Bravo.

What about those who have pulled back the curtain and do not like what they see?

We are not talking about the business model,don't go on sidetrack here.What we are saying is that in case we don't reach the 850BTC amount,it should not be an obstacle to stop the project.

For the person who doesn't like what they see,there is always an option to trade it back i think.Even with a small loss,but it is possible./Always have to count with a loss even in the real world/

I am not sidetracking, you on the other hand are. This is everything about the business model. You are recommending that the ito be changed in order to force the continuation of the project if need be. And to those that wanted out you are telling to eat a loss. Why can't you eat the loss? and stop thinking the rules should be changed to suit your opinion for the day.
hero member
Activity: 700
Merit: 500
wasn't leewilson banned from this thread??
hero member
Activity: 700
Merit: 500
I see plenty of Bittrex investors buying on Poloniex at sub-ITO price, then selling an equivalent amount of their captive BLOCK into the Bittrex buywall. Cross-exchange arbitrage.

I believe deposits and withdrawals are closed during this 48 hour so you can't arbitrage.

what he means is, they buy the same amount of btc on polo as they did on trex and then get rid of their trex stach and keep the polo stach

If they can withdraw bitcoins after selling blocks this is compleatly feasable and disgusting.

as we can see they are more interested in buying and selling at once as you noticed earlier

the question is when they run out of tokens



Well now that we can see it please DO SOMETHING. You and Synechist reach out to Bittrex and ask to stop the trading Now!.

This is completly against ITO rules and trading should not be allowed during the refund period. we cannot even check for real how many bitcoins have been sold as they are adding buys at 0.00025.

Please reach out to them and let them address this issue.
full member
Activity: 196
Merit: 100
Fibre Knight
I don't foresee any problem with buybacks bringing the invested BTC below the go-ahead threshold.

It should be fairly simple to create another mini-ITO using BTC at potentially a slightly discounted price on CoinGateway (since presumably they're still set up for it), to make up the shortfall.

Or revise the go-ahead threshold downward.

Or make up the shortfall in a private deal with a single angel investor.

My point is, there are several ways to ensure the continuation of the project while still honouring its initial rules.

A lot of us agree and there will remain great value to this project regardless of the buy-back. Most are wanting a reduction in supply so there really are multiple ways to look at this entire landscape. I think the DEV's will get the funds they need and the folks that stay in will have a nice investment.
member
Activity: 111
Merit: 10
I see plenty of Bittrex investors buying on Poloniex at sub-ITO price, then selling an equivalent amount of their captive BLOCK into the Bittrex buywall. Cross-exchange arbitrage.

I believe deposits and withdrawals are closed during this 48 hour so you can't arbitrage.
Yes I CAN.
Withdraw is closed for Bloks, not bitcoins
I can sell all my block's on bittrex, then imediatelly I CAN withdraw all  received BTC's right into poloniex, and easy re-buy about +10% more bloks on poloniex. Why do you think I can't Huh?

But in doing so, there is risk the project fails to reach the funding goal. Those Blocks selling under .00025 came from coingateway, not polo. The new owner wouldn't have the TX history with coingateway, so they would not receive a refund from them. So they would be left holding a bag if they can't refund them with polo.
hero member
Activity: 504
Merit: 500
Round about 80 BTC have been refunded. Hope the guy which mentioned that 1150 BTC had been invested, had counted right.

Hope this fudsters will stop their childish panic sells.


newbie
Activity: 19
Merit: 0
Oh what will I do with all of this BTC?!?!
legendary
Activity: 2310
Merit: 1000
I see plenty of Bittrex investors buying on Poloniex at sub-ITO price, then selling an equivalent amount of their captive BLOCK into the Bittrex buywall. Cross-exchange arbitrage.

I believe deposits and withdrawals are closed during this 48 hour so you can't arbitrage.

what he means is, they buy the same amount of btc on polo as they did on trex and then get rid of their trex stach and keep the polo stach

If they can withdraw bitcoins after selling blocks this is compleatly feasable and disgusting.

as we can see they are more interested in buying and selling at once as you noticed earlier

the question is when they run out of tokens

newbie
Activity: 19
Merit: 0
I don't foresee any problem with buybacks bringing the invested BTC below the go-ahead threshold.

It should be fairly simple to create another mini-ITO using BTC at potentially a slightly discounted price on CoinGateway (since presumably they're still set up for it), to make up the shortfall.

Or revise the go-ahead threshold downward.

Or make up the shortfall in a private deal with a single angel investor.

My point is, there are several ways to ensure the continuation of the project while still honouring its initial rules.

I was thinking the same.I don't see the point to stop this project,while there are several of us who wants this to succeed.There is always a way to make it happen.

In other words, both of you believe the continuation of changing the rules set by the coin itself until it works is a perfectly fine business model.
Bravo.

What about those who have pulled back the curtain and do not like what they see?

We are not talking about the business model,don't go on sidetrack here.What we are saying is that in case we don't reach the 850BTC amount,it should not be an obstacle to stop the project.

For the person who doesn't like what they see,there is always an option to trade it back i think.Even with a small loss,but it is possible./Always have to count with a loss even in the real world/
full member
Activity: 235
Merit: 100
I see plenty of Bittrex investors buying on Poloniex at sub-ITO price, then selling an equivalent amount of their captive BLOCK into the Bittrex buywall. Cross-exchange arbitrage.

I believe deposits and withdrawals are closed during this 48 hour so you can't arbitrage.
Yes I CAN.
Withdraw is closed for Bloks, not bitcoins
I can sell all my block's on bittrex, then imediatelly I CAN withdraw all  received BTC's right into poloniex, and easy re-buy about +10% more bloks on poloniex. Why do you think I can't Huh?
full member
Activity: 226
Merit: 100
It looks like if another 100 BTC (conservative estimate, it might be considerably less) is sold into the Bittrex buy wall, the ITO will, "fail," according to the ITO terms established.
sr. member
Activity: 448
Merit: 250
I see plenty of Bittrex investors buying on Poloniex at sub-ITO price, then selling an equivalent amount of their captive BLOCK into the Bittrex buywall. Cross-exchange arbitrage.

I believe deposits and withdrawals are closed during this 48 hour so you can't arbitrage.

what he means is, they buy the same amount of btc on polo as they did on trex and then get rid of their trex stach and keep the polo stach

risky move if they are doing that, no refund guarantee with that scenario.

yep, i hope ppl are taking that into consideration..

I wish they would halt trading untill after the refund period
hero member
Activity: 504
Merit: 500
I see plenty of Bittrex investors buying on Poloniex at sub-ITO price, then selling an equivalent amount of their captive BLOCK into the Bittrex buywall. Cross-exchange arbitrage.

I believe deposits and withdrawals are closed during this 48 hour so you can't arbitrage.

what he means is, they buy the same amount of btc on polo as they did on trex and then get rid of their trex stach and keep the polo stach

risky move if they are doing that, no refund guarantee with that scenario.

and stupid too. If everybody does this the project could fail.
member
Activity: 111
Merit: 10
I see plenty of Bittrex investors buying on Poloniex at sub-ITO price, then selling an equivalent amount of their captive BLOCK into the Bittrex buywall. Cross-exchange arbitrage.

I believe deposits and withdrawals are closed during this 48 hour so you can't arbitrage.

what he means is, they buy the same amount of btc on polo as they did on trex and then get rid of their trex stach and keep the polo stach

risky move if they are doing that, no refund guarantee with that scenario.
hero member
Activity: 700
Merit: 500
I see plenty of Bittrex investors buying on Poloniex at sub-ITO price, then selling an equivalent amount of their captive BLOCK into the Bittrex buywall. Cross-exchange arbitrage.

I believe deposits and withdrawals are closed during this 48 hour so you can't arbitrage.

what he means is, they buy the same amount of btc on polo as they did on trex and then get rid of their trex stach and keep the polo stach

If they can withdraw bitcoins after selling blocks this is compleatly feasable and disgusting.
sr. member
Activity: 434
Merit: 250
I don't foresee any problem with buybacks bringing the invested BTC below the go-ahead threshold.

It should be fairly simple to create another mini-ITO using BTC at potentially a slightly discounted price on CoinGateway (since presumably they're still set up for it), to make up the shortfall.

Or revise the go-ahead threshold downward.

Or make up the shortfall in a private deal with a single angel investor.

My point is, there are several ways to ensure the continuation of the project while still honouring its initial rules.

I was thinking the same.I don't see the point to stop this project,while there are several of us who wants this to succeed.There is always a way to make it happen.

In other words, both of you believe the continuation of changing the rules set by the coin itself until it works is a perfectly fine business model.
Bravo.

What about those who have pulled back the curtain and do not like what they see?
sr. member
Activity: 448
Merit: 250
I see plenty of Bittrex investors buying on Poloniex at sub-ITO price, then selling an equivalent amount of their captive BLOCK into the Bittrex buywall. Cross-exchange arbitrage.

I believe deposits and withdrawals are closed during this 48 hour so you can't arbitrage.

what he means is, they buy the same amount of btc on polo as they did on trex and then get rid of their trex stach and keep the polo stach
full member
Activity: 196
Merit: 100
Fibre Knight
I see plenty of Bittrex investors buying on Poloniex at sub-ITO price, then selling an equivalent amount of their captive BLOCK into the Bittrex buywall. Cross-exchange arbitrage.

That would be a trick considering there are no deposits or withdraws to block on bittrex.
sr. member
Activity: 448
Merit: 250
I see plenty of Bittrex investors buying on Poloniex at sub-ITO price, then selling an equivalent amount of their captive BLOCK into the Bittrex buywall. Cross-exchange arbitrage.

yea, that was to be expected
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